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Kenya's Eliud Kipchoge runs fastest marathon ever at 2 hours, 24 seconds

The 32-year-old Kenyan shaved eight minutes off his time at the 2016 Olympics to break the world record of 2:02:57 set by countryman Dennis Kimetto on September 28, 2014 at the Berlin Marathon . The Kenyan, 32, clocked 2:00.25 but due to the use of in-out pacemakers, the time will not be recognised as a world record, meaning Dennis Kimetto's mark of 2:02.57 is still the quickest. Read More »

Fed holds interest rates steady

The US Federal Reserve has said it expects a recent slowdown in the US economy to only be temporary. Gross domestic product grew at a sluggish 0.7 percent annual pace in the first quarter as consumer spending nearly stalled. "This shows that markets are looking for action rather than lip service as far as local economic policy is concerned", said Rand Bank Merchant economist Isaah Mhlanga. Read More »

Prince Philip dead: The Sun mistakenly reports Queen's husband has passed away

He is not expected to disappear completely from the public stage - the palace said he may still choose to attend some events from time to time. Britain's Duke Of Edinburgh will stand down from public engagements from this autumn (17). Global trade minister Greg Hands recalled the first time he met Prince Philip . What was it, you ask? Prince Philip will attend previously scheduled engagements until August but will not be planning any more. Read More »

United States jobless benefits claims swing low at April's end

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Over the last 12 months, financial activities has added 173,000 jobs. The increase in USA transportation sector hiring follows revised gains of 6,600 jobs in March and 7,600 positions in February and a 10,200-job loss in January. The low unemployment rate captures how far the USA economy has come since the Great Recession ended in 2009, when unemployment hit 10%. The labor force participation rate, which shows the share of working-age people in the labor force, edged down to 62.9 percent ... Read More »

Macron says respects voters drawn to extremes, wants closer Europe

You will win next time - and so will I!" "I will bring you together because I want us to be unified". Fears of outside meddling hung over the race after France's election campaign commission said Saturday that "a significant amount of data" - and some fake information - was leaked on social networks following the hacking attack on Macron. Read More »

North Korea says detains another American citizen, KCNA reports

Kim Hak Song, an employee at Pyongyang University of Science and Technology. North Korea on Sunday said it had detained a United States citizen who worked with the Pyongyang University of Science and Technology on suspicion of carrying out "hostile acts" against the regime. Read More »

Buffett downplays value clash between Berkshire, cost-cutting 3G

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He said Friday that Berkshire recently sold off one-third of its 81 million IBM shares because the investment hasn't performed as well as he expected. If Berkshire does decide to pay dividends, it would have to commit to maintaining that payout over time, Buffett said, as cutting it could have disastrous consequences for the company's share price. Read More »

Consensus emerging for OPEC, non-OPEC to extend output pact: Saudi governor

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A precipitous price fall of crude oil led to high global inventories which indeed led to lower revenues and budget deficits of many OPEC members including Saudi Arabia . He was echoing his Saudi counterpart Khalid al-Falih, who said on April 26 that there's a preliminary consensus to prolong the agreement with backing from other OPEC nations such as Kuwait and Iraq. Read More »

Which Analysts Are Watching Denbury Resources Inc. (NYSE:DNR)?

KeyCorp also issued estimates for Denbury Resources' FY2017 earnings at $0.15 EPS. (DNR) are moving -53.80% downward from the 52-week high and 1.86% above from the fifty two-week low. "(DNR) to Post $0.01 Earnings Per Share" was first posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of US and worldwide trademark & copyright laws. Read More »

Trump order takes aim at tax regulations imposed by Obama

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President Donald Trump has promised a "massive" tax cut for Americans. Mr. Mnuchin said that under the first order, he will review "all significant tax regulations" imposed since the start of 2016 and to issue a report that could result in repealing or easing some of those rules. Read More »

Puerto Rico Moves Toward Record-Breaking Bankruptcy

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While some issuers can solve their fiscal challenges over time, investors will be watching states and localities with mounting financial problems, said Robert Amodeo, head of municipals in NY for Western Asset Management Company. Puerto Rico, owing $73 billion to creditors, filed for a form of bankruptcy protection Wednesday. The financial crisis that has caused Puerto Rico's current problems has been decades in the making - and much of it is attributable to seven decades of US policy that ... Read More »

Buffett assails Wells Fargo, defends 3G at wide-ranging meeting

During his interview with ET Now he elaborated on how he sees India and what are his plan. The high cost of USA health care puts American businesses at a competitive disadvantage with other countries. Buffett owned about 81 million shares of IBM at the end of 2016 and sold about a third in the first and second quarters of 2017, CNBC reported, citing Buffett. Read More »

How the French presidential election works

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French Timezone. The pollsters' projections and official partial results are revealed then. French citizens living in Malaysia flocked to the embassy in Jalan Tun Razak Sunday to cast their vote for the country's next president. The candidates' polar-opposite visions presented the 47 million registered voters with the starkest possible choice. A win for Le Pen would be a devastating blow to Europe's post-war project of political unification and would likely unleash a financial market ... Read More »

Oil prices rise on expectation of output cut extension

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Brent crude futures, the worldwide benchmark for oil prices, were at $49.85 per barrel at 0020 GMT on Monday (8:20 p.m. ET on Sunday), up 75 cents, or 1.5 percent, from their last close. Crude prices staged a mild rebound in the USA on Friday to end higher on the day, after sharp losses on Thursday and in Asia on Friday underscored the doubts in the market that a coordinated cut by OPEC and key non-OPEC producers is able to make a real dent in global supplies. Read More »

French Companies Cheer Emmanuel Macron's Victory

The latest polls indicated that his lead had increased after a tense TV debate on Wednesday between Macron and Le Pen, after which many said that Le Pen failed to explain her policies and was too aggressive towards her opponent. She favors a shutdown on immigration from Muslim countries. Le Pen had pledged to call a Brexit-style referendum on whether to leave the European Union if she won; Macron declared that a united Europe was crucial to France's future. Read More »

Penn State Beta Theta Pi Members Charged for Timothy Piazza's Death

Eighteen Penn State fraternity brothers have been charged with crimes ranging up to involuntary manslaughter in the death of a pledge who authorities say repeatedly fell down a flight of stairs after he and others were made to run a gantlet of drinking stations guzzling vodka, beer and wine. Read More »

Greece, Foreign Lenders Reach Deal on Bailout Reforms

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Creditor officials are now due to leave Athens to craft the compliance report for a meeting of euro-area finance ministers scheduled for May 22. A government source on Tuesday said pensions were to be cut by 9% on average, ANA said. The nation's debt in 2016 stood at almost €315bn, or 179% of output, up from 177.4% in 2015. Tzanakopoulos said Greece wanted the European Central Bank to start buying its bonds as part of the ECB's asset-purchasing porgrammes, and that Athens would ... Read More »

Who gained the most today? : Enterprise Products Partners LP (NYSE:EPD)

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The company is expected to report earnings of $0.33 a share for the next quarter. For the Current Quarter, 21 analysts are projecting the mean EPS to be $0.35/share. A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. The Stock now has the market capitalization of $14 Billion, P/E (price to earnings ttm) of 21.92 and Weekly volatility of 1.47% and monthly volatility of 1.56% respectively. Read More »

BHP Billiton under pressure to sell shale, even as oil prices fall

BHP Billiton plc presently has an average rating of "Hold" and an average price target of GBX 1,287.95 ($16.63). About 5.07 million shares traded or 66.78% up from the average. The company's market cap is GBX 60.14 billion. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Read More »

A Look at the Technicals For Silver Chef Limited (ASX:SIV)

Investors considering positions in Silver Chef Limited (ASX:SIV), might be interested in the Gross Margin Score of the company. The Value Composite One (VC1) is a method that investors use to determine a company's value. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. In terms of leverage and liquidity, one point was given for a lower ratio of long term debt in the current period compared to the ... Read More »

Medical Properties reports 1Q results

Shares of Medical Properties Trust Inc. Sell-side analyst recommendations point to a short term price target of $18.4 on the shares of Government Properties Income Trust (GOV). The ex-dividend date was Tuesday, March 14th. Medical Properties Trust's payout ratio is 105.75%. Shares of Teleflex Incorporated (TFX ) are trading -3.97% downward from the 52-week high mark and 49.17% above from the fifty two-week low mark. Read More »

Gladstone Capital posts 2Q profit

According to Zacks , analysts expect that Gladstone Investment will report full year sales of $12.94 million for the current financial year, with estimates ranging from $52.28 million to $52.61 million. The disclosure for this purchase can be found here. Several hedge funds have recently made changes to their positions in GOOD. Outfitter Advisors LTD. Read More »